Hilton Worldwide (HLT) stock
Consumer Discretionary · Hotels, Resorts & Cruise Lines
Hilton Worldwide (HLT) is a Hotels, Resorts & Cruise Lines company in the Consumer Discretionary sector, headquartered in Tysons Corner, Virginia. As of October 23, 2026, HLT closed at $349.63, a market capitalization of $78.69 billion, the 162nd largest company in the S&P 500. Over the last twelve months it generated $5.10 billion in revenue (+2% year over year) and $1.94 billion in free cash flow. The stock trades at 51.3x trailing earnings and 33.5x forward earnings.
- 1-year total return: +30.9% (dividends reinvested)
- 5-year return: +20.1% a year
- 52-week range: $253.54 – $364.50
- Gross margin 79.0%, operating margin 63.0%
- Dividend yield: 0.17%
- FI Handbook report card: B- across 9 metrics
- 11th largest of 47 Consumer Discretionary stocks in the S&P 500
HLT price chart
1Y price change: +30.6% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| HLT | +13.8% | +21.9% | +30.9% | +33.6% | +20.1% | +22.7% | +18.0% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2013.
HLT key statistics
- Market cap
- $78.7B
- #162 in S&P 500
- P/E (TTM)
- 51.3x
- Forward P/E
- 33.5x
- EPS (TTM)
- $6.82
- Revenue (TTM)
- $5.1B
- +3%
- Free cash flow
- $1.9B
- Gross margin
- 79.0%
- Operating margin
- 63.0%
- Return on equity
- —
- Dividend yield
- 0.17%
- 52-week range
- $253.54 – $364.50
- Beta
- 1.10
- Price / sales
- 15.4x
- EV / EBITDA
- 29.7x
- Debt / equity
- —
- Employees
- 182,000
HLT report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth2.5%D
- Gross margin79.0%A
- Operating margin63.0%A
- FCF margin38.0%A
- Return on equity——
- Net debt / EBITDA4.2xF
- Forward P/E33.5xD
- PEG ratio1.4xB
- Shareholder yield4.2%B
- Share count change / yr-3.0%A
Hilton Worldwide financials
Revenue went from $6.6B in fiscal 2016 to $12.0B in fiscal 2025, growing 7.0% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.6B | $8.1B | $8.9B | $9.5B | $4.3B | $5.8B | $8.8B | $10.2B | $11.2B | $12.0B |
| Operating income | $868.0M | $1.1B | $1.4B | $1.7B | -$418.0M | $1.0B | $2.1B | $2.2B | $2.4B | $2.7B |
| Net income | $338.0M | $1.1B | $764.0M | $881.0M | -$715.0M | $410.0M | $1.3B | $1.1B | $1.5B | $1.5B |
| EPS (diluted) | $1.03 | $3.32 | $2.50 | $3.04 | $-2.58 | $1.46 | $4.53 | $4.33 | $6.14 | $6.12 |
| Free cash flow | $993.0M | $791.0M | $1.2B | $1.3B | $662.0M | $74.0M | $1.6B | $1.8B | $1.9B | $2.0B |
| Buybacks | $0 | $891.0M | $1.7B | $1.5B | $296.0M | $0 | $1.6B | $2.3B | $2.9B | $3.2B |
| Dividends paid | $277.0M | $195.0M | $181.0M | $172.0M | $42.0M | $0 | $123.0M | $158.0M | $150.0M | $143.0M |
| Diluted shares | 329.0M | 327.0M | 305.0M | 290.0M | 277.0M | 281.0M | 277.0M | 264.0M | 250.0M | 238.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into HLT?
A reverse DCF asks what growth the current price requires. With an enterprise value of $91.7B and $1.9B of trailing free cash flow, Hilton Worldwide needs to grow free cash flow about 33.0% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 25.1% a year over the last five years.
P/E ratio history
Current 57.1x vs. median 42.0x (10th–90th percentile 21.4x–76.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
HLT dividend
- Dividend yield
- 0.17%
- Annual dividend
- $0.60
- Years of increases
- —
- 5-yr dividend growth
- 0.0%
- per year
- Payout ratio
- 9%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
HLT analyst price targets
27 analysts' average 12-month target is $355.41 (+2% vs. $349.63). Targets range from $270.00 to $390.00. 62% rate it a buy.
HLT earnings
Next report: October 27, 2026. Hilton Worldwide has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $3.3B (+7% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 28, 2026 | $2.27 | $2.29 | +0.8% |
| Apr 28, 2026 | $1.97 | $2.01 | +1.8% |
| Feb 11, 2026 | $2.02 | $2.08 | +3.2% |
| Oct 22, 2025 | $2.05 | $2.11 | +3.0% |
| Jul 23, 2025 | $2.04 | $2.20 | +7.6% |
| Apr 29, 2025 | $1.61 | $1.72 | +7.0% |
| Feb 6, 2025 | $1.68 | $1.76 | +4.5% |
| Oct 23, 2024 | $1.84 | $1.92 | +4.3% |
Stocks like HLT
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 BKNG Booking Holdings Inc. Common St | -3.27% | -23% | $117.1B | 17.3x | Compare |
 ABNB Airbnb | -2.13% | +35% | $103.0B | 39.2x | Compare |
 MAR Marriott International | -1.53% | +46% | $101.9B | 40.4x | Compare |
 RCL Royal Caribbean Cruises | -3.37% | -11% | $73.9B | 17.1x | Compare |
 CCL Carnival | -3.58% | -10% | $35.1B | 11.5x | Compare |
 EXPE Expedia | -3.18% | +35% | $34.7B | 18.1x | Compare |
 NCLH Norwegian Cruise Line | -2.83% | -36% | $6.9B | 9.3x | Compare |
 AMZN Amazon.com | -0.95% | +12% | $2.7T | 20.0x | Compare |
HLT news
- Hilton Gears Up to Post Q3 Earnings: What's in Store for the Stock? · Oct 22, 2026
- Hilton Worldwide (HLT) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures · Oct 22, 2026
- Hilton Worldwide Holdings (HLT), Why Is It Getting Attention Today? · Oct 22, 2026
- What Does Booking Offer That Hilton Does Not? · Oct 21, 2026
- Hilton Worldwide Holdings Inc. (HLT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release · Oct 20, 2026
HLT stock FAQ
What is HLT's market cap?
Hilton Worldwide's market capitalization is $78.69 billion as of October 23, 2026, ranking 162nd in the S&P 500.
What is HLT's P/E ratio?
HLT trades at a trailing price-to-earnings ratio of 51.3x and a forward P/E of 33.5x. Its median P/E over the period we track is 42.0x.
Does HLT pay a dividend?
Yes. Hilton Worldwide pays $0.60 per share a year, a 0.17% yield. Dividends grew 0.0% a year over the last five years.
How much has HLT stock returned?
Including reinvested dividends, HLT returned +30.9% over one year, +20.1% a year over five years, +22.7% a year over ten years through October 23, 2026.
Is HLT stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Hilton Worldwide must grow free cash flow about 33% a year for the next decade. Its free cash flow grew 25% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the HLT price target?
27 analysts cover HLT with an average 12-month price target of $355.41, +2% from the current price. 62% of them rate it a buy.
When does HLT report earnings?
Hilton Worldwide is expected to report earnings on October 27, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Hilton Worldwide have?
Hilton Worldwide has about 182,000 full-time employees, or $28,044 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology